Saturday, May 16th, 2026
SIFC to streamline foreign investment before PM’s China visit
ISLAMABAD, MAY 16 /DNA/ – Pakistan Government Merges Board of Investment into SIFC to Boost Foreign Investment Islamabad: In a significant move to streamline investment procedures and attract more foreign capital, the federal government has decided to merge the Board of Investment (BOI) with the Special Investment Facilitation Council (SIFC). The decision aims to make Pakistan’s investment ecosystem faster, more efficient, and investor-friendly, particularly for global investors including those from China. The integration is expected to be completed before Prime Minister Shehbaz Sharif’s scheduled visit to China on May 23. KeyRead More
Pakistan: The Heart of Asia’s Destiny
by Muhammad Mohsin Iqbal In the divine act of creation, the Almighty fashioned the human form with organs so perfectly attuned to one another that health and vigour depend upon their unbroken harmony. No faculty may falter without imperilling the rest. Foremost among them is the heart, which tirelessly propels the life-blood from the seat of intellect in the brain to the remotest vein in the toes. Through carelessness or affliction, however, obstructions arise; vessels constrict, clots form, and the vital current slows. Medicine is first employed to restore flow;Read More
Govt slashes petrol, diesel prices by Rs5 per litre for next week
ISLAMABAD, MAY 16: The government on Friday slashed the price of petrol and high-speed diesel (HSD) by Rs5 per litre each for the next week. In a notification issued on Friday, the Petroleum Division said new fuel rates will come into effect from May 16. Following the decrease, the price of petrol stands at Rs409.78 per litre and HSD at Rs409.58. In the previous weekly review, the government raised the price of petrol by Rs14.92 per litre and HSD by Rs15. The government has been reviewing petroleum prices on aRead More